Nonprofit · EIN 61-6025137
JOHN B AND BROWNIE YOUNG MEMORIAL FUND
Tax-exempt · OWENSBORO, KY 42302
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $760,443 | $1,008,988 | -$248,545 | $13,499,508 | $0 | $13,499,508 |
| December 31, 2024 | 990-PF | $542,752 | $776,860 | -$234,108 | $13,724,244 | $0 | $13,724,244 |
| December 31, 2023 | 990-PF | $505,043 | $1,111,688 | -$606,645 | $13,924,618 | $0 | $13,924,618 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $48,123
- Dividends
- $376,547
- Interest
- $80,595
- Net gain from sales of assets
- $253,104
- Other income
- $2,074
Expenses
- Grants and similar amounts paid
- $894,318
- Compensation of officers, directors and key employees
- $98,304
- Disbursements for charitable purposes
- $967,306
- Excise tax on investment income
- $9,386
Balance sheet and other
- Total assets, start of year
- $13,724,244
- Total assets, end of year
- $13,499,508
- Total liabilities, end of year
- $0
- Net assets, end of year
- $13,499,508
- Fair market value of assets
- $21,804,310
- Qualifying distributions
- $967,306
- Net investment income
- $710,246
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| INDEPENDENCE BANK PO BOX 948, OWENSBORO, KY 423020948 | TRUSTEE | 20 | $90,304 |
| DAVIESS CO BOARD OF EDUCATION PO BOX 21510, OWENSBORO, KY 42304 | COMMITTEE MEMBER | 1 | $2,000 |
| MCLEAN COUNTY BOARD OF EDUCATION PO BOX 245, CALHOUN, KY 42327 | COMMITTEE MEMBER | 1 | $2,000 |
| OWENSBORO BOARD OF EDUCATION 450 GRIFFITH AVENUE, OWENSBORO, KY 42301 | COMMITTEE MEMBER | 1 | $2,000 |
| OWENSBORO CATHOLIC SCHOOL DIOCESE 600 LOCUST STREET, OWENSBORO, KY 42301 | COMMITTEE MEMBER | 1 | $2,000 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| INDEPENDENCE BANK PO BOX 948, OWENSBORO, KY 423020948 | TRUSTEE | 20 | $84,652 |
| DAVIESS CO BOARD OF EDUCATION PO BOX 21510, OWENSBORO, KY 42304 | COMMITTEE MEMBER | 1 | $2,000 |
| MCLEAN COUNTY BOARD OF EDUCATION PO BOX 245, CALHOUN, KY 42327 | COMMITTEE MEMBER | 1 | $2,000 |
| OWENSBORO BOARD OF EDUCATION 450 GRIFFITH AVENUE, OWENSBORO, KY 42301 | COMMITTEE MEMBER | 1 | $2,000 |
| OWENSBORO CATHOLIC SCHOOL DIOCESE 600 LOCUST STREET, OWENSBORO, KY 42301 | COMMITTEE MEMBER | 1 | $2,000 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| INDEPENDENCE BANK PO BOX 948, OWENSBORO, KY 423020948 | TRUSTEE | 20 | $75,840 |
| DAVIESS CO BOARD OF EDUCATION PO BOX 21510, OWENSBORO, KY 42304 | COMMITTEE MEMBER | 1 | $2,000 |
| MCLEAN COUNTY BOARD OF EDUCATION PO BOX 245, CALHOUN, KY 42327 | COMMITTEE MEMBER | 1 | $2,000 |
| OWENSBORO BOARD OF EDUCATION 450 GRIFFITH AVENUE, OWENSBORO, KY 42301 | COMMITTEE MEMBER | 1 | $2,000 |
| OWENSBORO CATHOLIC SCHOOL DIOCESE 600 LOCUST STREET, OWENSBORO, KY 42301 | COMMITTEE MEMBER | 1 | $2,000 |
Address and contacts
- Address (IRS master file)
- PO BOX 948, OWENSBORO, KY 42302-0948
- In care of
- % OWENSBORO NATL BK
- Signed the 990-PF
- RUBEN HAYDEN, ADMINISTRATIVE OFFICER
- Phone
- (270) 689-9861
- Website
- WWW.JBBYSCHOLARSHIP.COM
- Return prepared by
- RINEY HANCOCK CPAS PSC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 61-6025137
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1964
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $13,499,508
- Income (IRS master file)
- $1,575,591
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $760,443 | $1,008,988 | $13,499,508 | XML |
| 990-PF | December 2024 | $542,752 | $776,860 | $13,724,244 | IRS |
| 990-PF | December 2023 | $505,043 | $1,111,688 | $13,924,618 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 61-6025137).
Questions about JOHN B AND BROWNIE YOUNG MEMORIAL FUND
- What is the EIN of JOHN B AND BROWNIE YOUNG MEMORIAL FUND?
- The employer identification number (EIN) of JOHN B AND BROWNIE YOUNG MEMORIAL FUND is 61-6025137.
- Is JOHN B AND BROWNIE YOUNG MEMORIAL FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
- Are donations to JOHN B AND BROWNIE YOUNG MEMORIAL FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does JOHN B AND BROWNIE YOUNG MEMORIAL FUND file?
- Form 990-PF. Private foundations file every year.
- When is the next return of JOHN B AND BROWNIE YOUNG MEMORIAL FUND due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did JOHN B AND BROWNIE YOUNG MEMORIAL FUND last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of JOHN B AND BROWNIE YOUNG MEMORIAL FUND?
- The 990-PF for the year ended December 31, 2025 lists 5 people; 5 received compensation from the organization, the highest $90,304 (INDEPENDENCE BANK, TRUSTEE).
- How much revenue does JOHN B AND BROWNIE YOUNG MEMORIAL FUND have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $760,443, expenses of $1,008,988 and total assets of $13,499,508 at year end.
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